, deterring many companies from becoming ones. The dispersion of authority and supervision among several agencies and under several laws causes duplication of work, a lack of coherence and continuity. Besides
Board on October 1, 2007. It has been reviewed periodically since then to ensure appropriateness, topical consistency and compliance with relevant laws. The SEC Code of Governance imposed on board members
. (3) The audit committee’s opinions. (4) Consistency with objectives, strategies and policies. 7.1.3 The board should ensure that information disclosures (including financial statements, annual reports